Cost of Living in Lansing, IL

Population 28,415 · Illinois · Data vintage 2023

72
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Lansing can reasonably expect a home to cost less than three years of household income — $169,000 against $71,805 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. Unemployment has stayed elevated relative to the national figure — 9.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Lansing sits roughly 20 miles southeast of Chicago. Median home values run roughly 47% lower than Chicago's $315,000.

Cost Overview

Housing 55
Rent 97

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Lansing

The median home value in Lansing is $168,500 — 45% below the national median of $305,000. Median rent runs $1,271/month, 3% lower than the national median of $1,314/month. The median household income of $71,805/year is 4% lower than the US median of $74,580. The local unemployment rate is 9.8%, above the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Lansing has a cost of living index of 72 versus the US average of 100, meaning it is 28% less expensive.

🏠 Housing

Median Home Value
$168,500
45% below avg
Zillow Home Value
$192,685
Zillow ZHVI
Median Rent
$1,271/mo
3% below avg
Price-to-Rent Ratio
11.0x
Favors buying
Property Tax Rate
2.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$651
1 BR
$741
2 BR
$899
3 BR
$1,196
4 BR
$1,364
Owner-occupied 69.8%
Renter-occupied 30.2%

💰 Estimated Monthly Budget

Rent median rent
$1,271
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,885/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
36.0 min
33% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.5%

Commute Mode

Drove alone
78.3%
Carpooled
6.0%
Public transit
3.3%
Walked
1.1%
Bicycle
0.2%
Work from home
8.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 5.0%
Total Sales Tax 8.7%
State rate 6.3%
Avg local rate 2.5%
Property Tax 2.2%

💼 Income & Employment

Median Household Income
$71,805
4% below avg
Per Capita Income
$33,832
Unemployment Rate
9.8%
103% above avg
Poverty Rate
16.0%
Labor Force Participation
65.8%

🎓 Education

Bachelor's degree+ 16.6%
Graduate degree 11.1%

👥 Demographics

Median Age 40.1
Male median age 37.8
Female median age 41.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 57 — Moderate
28.5%
Good air days/yr
223
Max AQI recorded
252
PM2.5 days
97
Ozone days

Frequently Asked Questions

What is the cost of living in Lansing, IL?

Lansing has a cost index of 72 (100 = national average). It is 28% below the national average.

What is average rent in Lansing, IL?

The median gross rent in Lansing is $1,271 per month based on 2023 Census data.

What is the average home price in Lansing?

The median home value in Lansing is $168,500 according to Zillow and Census data.

What is the median income in Lansing?

The median household income in Lansing is $71,805 per year (2023 ACS 5-year estimates).

What is the sales tax in Lansing, IL?

The combined state and local sales tax rate in Lansing is 8.7%. The Illinois state income tax top rate is 5.0%.

Is Lansing, IL affordable?

Yes, Lansing is generally considered affordable, with a cost of living index of 72 — about 28% below the US national average of 100.

Lansing at a Glance

Population
28,415
Median Income
$71,805
Home Value
$168,500
Median Rent
$1,271/mo
Unemployment
9.8%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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